Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

I have daily stock market data and have calculated daily retuns by using (new -price -old price) / old price. Now i need to annualise

I have daily stock market data and have calculated daily retuns by using (new -price -old price) / old price. Now i need to annualise each of the daily returns for each day. Assuming number of trading days is 252 . How do I go about it?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational Business Finance

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

13th edition

132743469, 978-0132743464

More Books

Students also viewed these Finance questions

Question

If the economic value creation of international expansion is negative, a firm should Blank______. Multiple choice question. not expand internationally recalculate the formula so the value creation...

Answered: 1 week ago

Question

I need this done in 3 hours. QUESTION 1 Suppose you want to buy a house that costs $700,000. You are required to put 10% down, which means the amount to be borrowed is 90% of the price of the house....

Answered: 1 week ago

Question

NON CASH ACTIVITIES What business activities are considered non-cash activities? In order to prepare a cash flow statement, we need to understand which items on our income statement and balance sheet...

Answered: 1 week ago

Question

★★★★★

The following rates are observed on the yield curve: 6-month 0.5%, 12-month 1.5%, 18-month 2%, 24-month 3%. You hold a portfolio with four semi-annual coupon bonds, all with a par-value of $1,000 and...

Answered: 1 week ago

Question

★★★★★

Maximum Metal Recycling and Salvage receives the opportunity to salvage scrap metal and other materials from an old industrial site. The current owners of the site will sign over the site to Maximum...

Answered: 1 week ago

Question

★★★★★

How do you read file content using byte array?

Answered: 1 week ago

Question

★★★★★

5. Obey all school rules. As with the elementary class rules, this covers many behaviors and situations, so you do not have to repeat every school rule for your class. This reminds students that the...

Answered: 1 week ago

Question

★★★★★

Valmont, Inc., experienced the following events in 2012, in its first year of operation. 1. Received $20,000 cash from the issue of common stock. 2. Performed services on account for $50,000. 3. Paid...

Answered: 1 week ago

Question

★★★★★

Harrimon Industries bonds have 6 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 8%. a. What is the yield to maturity at a current market...

Answered: 1 week ago

Question

★★★★★

Xerox Printing (Pty) Ltd (Xerox) is a local manufacturer and supplier of printers and faxes. Its year-end is 31 December 2016. Xerox has started its operations in January 2010 and has since inception...

Answered: 1 week ago

Question

★★★★★

When several conditions are necessary for the top event to occur, we use the "AND" symbol. If the failure rates (IE probabilities) are known for each of these conditions, what would we then do to...

Answered: 1 week ago

Question

★★★★★

Question 1 Which theoretical probabilities are equal to 1/3? Check all that apply. landing on a star space on the first roll rolling an even number on the first roll landing at Cat Town on the first...

Answered: 1 week ago

Question

★★★★★

Suppose you put $1,500per month into a Roth IRA, that pays 10%APR (compounded monthly).Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today....

Answered: 1 week ago

Question

★★★★★

The Joshi Farm (JFF), a saltwater aquarium company, is planning to expand its operations. It anticipates that an expansion will be undertaken in 6 years. In anticipation of the expansion, JFF invests...

Answered: 1 week ago

Question

★★★★★

(1 point) The graph of the function f(x) is -4 1,0 (the horizontal axis is x.) Consider the differential equation x' = f(x). List the constant (or equilibrium) solutions to this differential equation...

Answered: 1 week ago

Question

★★★★★

Blue Spruce Hardware Store Inc. completed the following merchandising transactions in the month of May 2018. At the beginning of May, Blue Spruce's ledger showed Cash of $8,600 and Common Shares of...

Answered: 1 week ago

Question

★★★★★

6 (a) Briefly develop a mathematical model of the behaviour of a copper-twisted pair cable (b) Derive the magnetic energy from: w given that: K + w, where the - - k symbols have their usual meaning...

Answered: 1 week ago

Question

★★★★★

EXERCISE 106 Selected financial data of Future Technologies, Inc., at December 31, Year 1, are shown below: Cash......................................... $ 42,000 Accounts payable ........$ 78,000...

Answered: 1 week ago

Question

★★★★★

EXERCISE 106 5. The existence of uncapitalized operating leases is to (choose one of the following): a. Overstate the earnings to fixed charges coverage ratio. b. Overstate fixed charges. c....

Answered: 1 week ago

Question

★★★★★

EXERCISE 106 Reproduced below are selected financial data at the end of Year 5 and forecasts for the end of Year 6 for Top Corporation: Year 6 Year 6 Account Year 5 (Forecast) Account Year 5...

Answered: 1 week ago

Previous Question Next Question